Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Indonesia on “the edge of catastrophe”

Published

on

The Red Cross is appealing for urgent medical supplies and vaccines as Indonesia spirals into crisis

Indonesia is battling a huge surge in Covid-19 infections. Hospitals have reached breaking point, with infections skyrocketing throughout the archipelago.

On Friday, medical officials in the province of West Java said bed occupancy rates in hospitals had exceeded 90 per cent. Some hospitals have exceeded 100 per cent capacity, pushing the health system “close to collapse”.

The nation is recording more than 20,000 cases per day in what is a grim record number of infections. This brings the total rate of infections since the start of the pandemic to 2.1 million. The county’s death toll is sitting at close to 58,000 people.

However, the Red Cross has suggested that the actual number of people who are sick and infected is likely to be far higher.

The Red Cross is calling for urgent increases in medical care, testing and vaccinations 

“Every day we are seeing this Delta variant driving Indonesia closer to the edge of a COVID-19 catastrophe,” Jan Gelfand, head of the IFRC in Indonesia said in a statement.

“We need lightning-fast action globally so that countries like Indonesia have access to the vaccines needed to avert tens of thousands of deaths. We must focus on getting vaccinations into the arms of those most at-risk and all adults everywhere to contain this virus.”

Under 5 per cent of Indonesia’s adult population has been fully vaccinated

Indonesia needs another 360 million doses to vaccinate at least 70 per cent of the population. At least 27.4 million have received the first dose.

The IFRC says Indonesia faces global vaccine inequity as a hurdle to securing the 360 million doses it needs to vaccinate at least 70 percent of its population.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

on

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Download the Ticker app

Continue Reading

News

Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

Published

on

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#FederalReserve #InterestRates #Economy


Download the Ticker app

Continue Reading

News

Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

Published

on

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


Download the Ticker app

Continue Reading

Trending Now